@Adam Catrambone, if you're selling a park, as opposed to a mobile home, I am also interested in what you're selling.

So I thought great we can buy this thing and horse hack (as opposed to house hack ;-)) it, so basically have the horse owners pay our mortgage.They asked $260,000 for the house.

If not, what is their strategy for preventing financial loss on their investment in the event of a big earthquake?

If not, what is their strategy for preventing financial loss on their investment in the event of a big earthquake?

I've started my investment education journey about six months ago and have been soaking up a lot of physical information via books/videos/articles/forums and I'm looking to start going to meetups and events that can expand my network and hopefully get me in the same room with other investors interested in JV's or rental ventures in general.

In the event there isn't and more money is needed from the partners, ideally both partners would contribute equal amounts.

I don't have a huge ask here except to inquire and see if anyone a part of BP may be at the event this week. 

The benefit tho, I can now list the property with a dry basment with new footing drains and sealed exterior walls in the event the new owners decide to finish it.

Generally, entity changes can get done in such a way that doesn't trigger a taxable event but should be planned carefully with your attorney and accountant. 

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.